Queensryche Looking For Investors
. Attorney Marc LoPresti helped the group set up the limited liability company (LLC) and he says this could just be the start of similar projects. He tells the Seattle Times: "We think it's a first. If it's successful, which we expect it to be, we may do it again with other bands." LoPresti reckons the stock sale could replace a label's usual role in financing tours and album recording sessions - and would mean more money for the band and investors as the label wouldn't be taking such a big slice of the profits. Read more here. Classic Rock Magazine is an official news provider for antiMusic.com.
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